ECB gold reserves to 26 October

GERMANY - The Eurosystem's net reserves of gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 26 October, the European Central Bank said Tuesday.

The ECB attributed the fall to the sale of gold coins by a euro-zone national central bank.

Meanwhile, the Eurosystem's foreign currency reserves decreased by EUR0.6 billion during the week to EUR257.5 billion as a result of customer and portfolio transactions.

The ECB also said cash in circulation fell EUR4.8 bill